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(Related to Checkpoint 11.4)(IRR calculation)What is the internal rate of return for the following project: An initial outlay of $11,500 resulting in a single cash
(Related to Checkpoint 11.4)(IRR calculation)What is the internal rate of return for the following project: An initial outlay of
$11,500
resulting in a single cash inflow of
$17,292
in
7
years.
Question content area bottom
Part 1
The internal rate of return for the project is
enter your response here%.
(Round to the nearest whole percent.)
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